“Not everyone will survive [the transformation of the automobile], as is the case in all major technological changes”. A few days before the “day of the automotive industry” scheduled for 2 December in Bercy, which should bring together 500 companies, the head of the Automotive Platform (PFA) Luc Chatel has once again alerted the impact… Continue reading “Everybody will not survive” to the transformation of the automobile, according to Luc Chatel
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Yanfeng Automotive Interiors opens its first plant in Serbia
Yanfeng Automotive Interiors (YFAI), the global leader in automotive interiors, has opened a new plant in Kragujevac, in the Sumadija district of Serbia, its first plant in the country. “With this new plant in Serbia, we are expanding our manufacturing capacity in Eastern Europe’s growth markets and responding to our customers’ increasing presence in the… Continue reading Yanfeng Automotive Interiors opens its first plant in Serbia
MG Motor India associates with Umicore for recycling end-of-life ZS EV batteries
NEW DELHI: MG (Morris Garages) Motor on Thursday announced its association with Umicore to explore opportunities in safe and sustainable recycling of end-of-life batteries for electric vehicles. Umicore offers a complete recycling journey for Li-ion batteries to maintain ecological footprint. Umicore holds extensive expertise in end-to-end battery life cycle management and a unique battery value… Continue reading MG Motor India associates with Umicore for recycling end-of-life ZS EV batteries
MG Motor India and Umicore partner for recycling end-of-life ZS EV batteries
L-R: Gaurav Gupta, Chief Commercial Officer, MG Motor India and Kedar Rele, Country General Manager Umicore India announcing the association for recycling of lithium-ion batteries. MG Motor India looks to drive a positive image and is working towards being known as a sustainable automaker in the country. The company today announced its association with Belgium-headquartered… Continue reading MG Motor India and Umicore partner for recycling end-of-life ZS EV batteries
‘The car industry is more mad and unpredictable than ever before’
Do you ever get the feeling that the car industry might be, well, having a bit of a laugh? A week ago, these pages featured a new Ford Mustang that is an electric SUV, plus the latest Aston Martin – a crossover capable of wading through half a metre of water. And now, in this… Continue reading ‘The car industry is more mad and unpredictable than ever before’
Tesla Cybertruck prototype spotted in broad daylight for first time
The Tesla Cybertruck prototype was spotted in broad daylight for the first time in Hawthorne near Tesla’s Design Studio where the launch was held last week. We got a good look at the Cybertruck and its radical design at the launch event last week. However, Tesla has the habit of holding its unveiling events at… Continue reading Tesla Cybertruck prototype spotted in broad daylight for first time
India Dealbook: CarDekho buys Carmudi Philippines; FirstCry acquires Oi Playschool
India’s CarDekho has acquired auto marketplace Carmudi Philippines in a bid to expand its service offerings across Southeast Asia while FirstCry has marked its entry into education sector with the acquisition of Oi Playschool. CarDekho acquires Carmudi Philippines Sequoia-backed online auto classifieds portal CarDekho has acquired auto marketplace Carmudi Philippines to expand its service offerings… Continue reading India Dealbook: CarDekho buys Carmudi Philippines; FirstCry acquires Oi Playschool
Nissan to roll out high-tech production system amid pressure to cut costs
FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo YOKOHAMA, Japan (Reuters) – Nissan Motor Co. (7201.T) is introducing a new, higher-tech production system globally to try to boost efficiency as it looks to reverse a slide in profitability. The updated equipment and… Continue reading Nissan to roll out high-tech production system amid pressure to cut costs
Indian bike rental startup Bounce raises $150m led by B Capital, Accel
Bengaluru-based bike rental startup Bounce has raised $150 million in its Series D funding led by existing investors B Capital, a global technology fund led by Facebook co-founder Eduardo Saverin, and Accel Partners India. The latest round has spiked the company’s post-money valuation to $500 million, almost double what it attained in Series C round… Continue reading Indian bike rental startup Bounce raises $150m led by B Capital, Accel
Tesla Model Y Production May Start 6 Months Ahead Of Schedule In China
That’s what suppliers were told by the company, which rushed its order ahead of schedule. When we spoke about the Tesla Cybertruck production, we said it would happen just after the Model Y’s. In the US, it is expected to start at the end of 2020. In China, we said it would probably begin before… Continue reading Tesla Model Y Production May Start 6 Months Ahead Of Schedule In China